Wednesday, October 01, 2014

Brookfield US Holdings Wins Revel Auction



Brookfield US Holdings LLC has won the Revel Casino Hotel bankruptcy auction with a $110 million offer, said Revel spokeswoman Lisa Johnson.

A sale to the firm must be approved by a federal judge at an Oct. 7 hearing, she said.
But stalking horse bidder Glenn Straub has complained about a lack of transparency in the process and promised to take the matter to court.
Entire article at
http://www.pressofatlanticcity.com/news/breaking/brookfield-declared-winner-in-revel-auction/article_d3416d7e-48ad-11e4-af77-97508d73f066.html

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